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Mortgage Professor about property inspection: | |||||||||||||||||||||||
Is FHA Responsible For the Leaky Roof?
March 19, 2001 "We just purchased a home with an FHA loan and the seller did not disclose many problems?The roof leaks, the toilet is falling through the floor?FHA inspected the house before we moved in, and they will get the house if we default and move out? We thought ... more... Settlement Costs Included in Annual Percentage Rate July 11, 2002, Revised December 4, 2004 In principle, the APR should include all settlement costs that would not arise in an all-cash transaction. Unfortunately, the current definition violates this rule in a number of instances, with no rhyme or reason. The columns below ... more... |
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property inspection related definitions |
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Assessment
Assessment A local tax levied against a property for a specific purpose, such as a sewer or street lights. Closing Costs Loan To Value Ratio Home Inspection ... more... Closing Costs Closing Costs Expenses incurred by the buyer and seller in a real estate or mortgage transaction. There are two types of costs: recurring and non recurring. Non-recurring costs are one time transactional costs ... more... |
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More about property inspection Do You Need to Download a Landlord Inventory On-Line Today? Real Estate Terms From Appraisals to Comps Be Prepared to Pay Closing Costs Guide To Planning Your Out Of State Move What to Really Expect for Closing Costs Understanding the Escrow (Closing) Process Seven Tips in Choosing Maui Income Properties Win a Grand Real Estate Deal 10 Important Tips to Successful Real Estate Investing Home Mortgage Refinancing - What To Watch Out For
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